Nadhi – SCM solution provider in Construction space
Nadhi Technologies, a 2.5yr old Chennai based SaaS startup has developed lightweight, easy-to-use construction supply chain solutions for real estate and infrastructure construction projects.
Nadhi.in is founded by two civil engineers – Vaidyanathan and Ravi. S. Mundoli from IIT-M; Both have worked in manufacturing SCM at i2 Technologies before founding Nadhi. Nadhi is incubated out of the IITM Research Park.
Nadhi provides easy-to-use supply chain management (SCM) tools toreal ensure the synchronous on-site arrival of labour and materials per the updated construction schedule through the life of the project.
Nadhi’s core solution is a project monitoring and control solution with a mobile extension – nPulse™ that reduces the information latency between various stakeholders in a construction project to zero and transitions business from reactive to proactive. Nadhi has built the industry’s first procurement planning solution that uses inventory management theory to optimize material procurement costs in construction.
In short, Nadhi builds solutions that complement ERP systems. Nadhi offers business process consulting to help transition companies to a managed platform. Nadhi also offers lean construction consulting practice.
Nadhi’s target customers are EPC contractors, infrastructure project owners, real estate developers. The market size for IT in construction is estimated to be about $5 billion and the potential to expand worldwide also exists. Nadhi’s revenue sources are software revenue – both subscription (SaaS model) and enterprise license options are available and consulting services.
-Hitesh, vcBytes.com
